earnings
confidence high
sentiment neutral
materiality 0.80
Nicolet Q4 net income $16M, EPS $1.25; closes County Bancorp acquisition adding $1.4B assets
NICOLET BANKSHARES INC
2021-FY EPS reported
$5.44
- Q4 net income $16M ($1.25 diluted EPS) vs Q3 $8M ($0.73) and Q4 '20 $18M ($1.74).
- Full year 2021 net income $61M; adjusted net income $73M ($6.57 adjusted EPS).
- Completed County Bancorp merger Dec 3, adding $1.4B assets; total consideration $223M.
- Completed Mackinac Financial merger Sep 3, adding $1.5B assets; total consideration $229M.
- Net interest margin improved to 3.57% from 2.94% QoQ; repurchased $27.8M in Q4 stock.